USD/JPY(20260624)Today's AnalysisUSD/JPYOANDA:USDJPYRuijinCatMarket News: Deutsche Bank research analyst Michael Hsueh stated in a report that "the Fed's repricing, coupled with strong US macroeconomic data, is the main reason for the decline in gold prices." The bank has lowered its third-quarter gold price forecast to $4,300 per ounce, a reduction of more than one-fifth from its previous forecast, and adjusted its forecast for the last three months of the year to $4,800 per ounce. Similar adjustments were made by Goldman Sachs. Last week, the institution lowered its year-end gold price forecast by $500 to $4,900 per ounce, citing its assessment that the Fed will not cut interest rates this year. Technical Analysis: Today's Buy/Sell Threshold: 161.52 Support and Resistance Levels: 161.98 161.81 161.70 161.34 161.22 161.05 Trading Strategy: If the price breaks above 161.70, consider buying with a first target price of 161.81. If the price breaks below 161.52, consider selling with a first target price of 161.34.